Convert Kazakhstani Tenge to Djiboutian Franc
Please provide values below to convert Kazakhstani Tenge [KZT] to Djiboutian Franc [DJF], or Convert Djiboutian Franc to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Djiboutian Franc
1 KZT = 3.0086945268145 DJF
Example: convert 15 KZT to DJF:
15 KZT = 15 × 3.0086945268145 DJF = 45.1304179022175 DJF
Kazakhstani Tenge to Djiboutian Franc Conversion Table
Kazakhstani Tenge | Djiboutian Franc |
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
Djiboutian Franc
The Djiboutian Franc (DJF) is the official currency of Djibouti, used for all monetary transactions within the country.
History/Origin
The Djiboutian Franc was introduced in 1949, replacing the French Franc at par, and has been the country's official currency since then, with its value maintained by the Central Bank of Djibouti.
Current Use
The DJF is widely used in Djibouti for everyday transactions, banking, and trade, and is pegged to the US dollar at a fixed rate to ensure stability.